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Medical Office Condo

1342 Airport Road, Kalispell, MT 59901

For Sale
$285,000

CommercialSale, Kalispell, MT

Property Size920 SF
Price / SF$309.78
Days on Market61

Property Features for 1342 Airport Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description 6
Subdivision Syth Business Park Condos
Directions Hwy 93S (south of Kalispell) go east on Airport Road next to The Montana Club restaurant continue north to Syth Business Condos on the east side of the road.
Standard status Active
APN 07396618424017014

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description Syth Business Park Condo on TR 8D, S16, T28 N, R2W, Unit 14
Tax Annual Amount 2650
Legal Description Syth Business Park Condo on TR 8D, S16, T28 N, R2W, Unit 14

Building Details

Year built 2000
Listing Agency: Glacier Sotheby's International Realty Bigfork
Listed By: Katherine Conrad · License MT RRE-BRO-LIC-108906
Added: Sep 15 Changed: Nov 9 Last Checked: Nov 14 at 12:06AM
MLS# 30078011

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This medical office condominium dates to 2000 and consists of two units of approximately 920 square feet each. The units may be combined into a single space of approximately 1,840 square feet. Unit 1342 is currently occupied by a tenant.

The property is visible from Highway 93 and has on-site parking. Showings are by appointment.

Key Highlights

  • Two medical office units of approximately 920 square feet each
  • Units can be combined into approximately 1,840 square feet
  • Unit 1342 currently has a tenant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,580
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,600 $231.6K
Cap Rate 7%
$165,429 $165.4K
Cap Rate 9%
$128,667 $128.7K
Market Conditions
NOI Build-Up for 920 SF
Gross rent
$20.4K $22.20/SF
− Vacancy
−$1.1K −$1.22/SF
EGI
$19.3K $20.98/SF
− OpEx
−$7.7K −$8.39/SF
NOI
$11.6K $12.59/SF
Area
Flathead County, MT
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,600
Cap Rate 7%
$165,429
Cap Rate 9%
$128,667

Alternative Uses

Best Use
Healthcare Medical
$165.4K
$144.8K – $193.0K (±1% cap)
NOI $11,580 @ 7.0% cap · market cap 4.06%
Second Best
Office B
$155.8K
$136.4K – $181.8K (±1% cap)
NOI $10,909 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$205.4K
$179.7K – $239.6K (±1% cap)
NOI $14,378 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hart Insurance Services, ... Insurance Agency Larson Paul Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Garden Center HVAC Service Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

817
Businesses Nearby
Balanced
Demand for This Use

Demographics for 59901, MT

57,900
Population
25,154
Households
2.3
Avg Household Size
40
Median Age
33%
College-Educated
96%
High-School Grad
468.8 sq mi
ZIP Area
124
Density / Sq Mi
$70,391
Median Household Income
$38,073
Median Earnings
$1,052
Median Rent
$417,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Medical Office Space in Kalispell

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • Big Sky Animal Clinic — 15 18th St E, Kalispell, MT 59901
  • Animal Clinic of Kalispell — 1408 Airport Rd, Kalispell, MT 59901
  • Flathead Animal Clinic — 344 1st Ave W, Kalispell, MT 59901

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two neighboring units can be combined to create a larger medical office configuration.
Where is this medical office space located?
The property is located at 1342 Airport Road Kalispell, MT.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two medical office units of approximately 920 square feet each; Units can be combined into approximately 1,840 square feet; Unit 1342 currently has a tenant
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Includes: Price & PSF · Cap rate · Location · Zoning

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